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China Sinostar Group Company Limited ( (HK:0485) ) has provided an announcement.
China Sinostar Group Company Limited has implemented several measures to address liquidity pressures and a disclaimer of opinion on its financial statements for the year ended 31 March 2024. These measures include the withdrawal of a winding-up petition, negotiating extensions for borrowings and bonds, securing financial support from its immediate holding company, and exploring fundraising opportunities. The company is also tightening cost controls to improve profitability and cash flow.
More about China Sinostar Group Company Limited
Average Trading Volume: 85,825
Technical Sentiment Signal: Hold
Current Market Cap: HK$30.01M
For detailed information about 0485 stock, go to TipRanks’ Stock Analysis page.